The report offers valuable information on the purchasing behavior of prominent Canadian brands within the denim industry, focusing on their interactions with Bangladesh as a sourcing destination. Spanning from May 2022 to May 2023, it delves deeper into the trade specifics, providing data on Bangladeshi companies exporting garments to Canada, including information on quantities supplied and average prices.

An important insight from this report is that well-known Canadian brands accounted for approximately 67% of the total denim purchased from Bangladesh, highlighting the concentration of purchasing power among a limited number of brands. [private_special]

Note: This report only reflects the shipments that were made to Canada. If any shipments were made by these brands to other destinations, they would not be covered here.

Share of Each of Top 15 Brands

Gap has established itself as the dominant player in the Bangladesh market for denim garment purchases from Canada. This is evident from the accompanying pie chart, which indicates that Gap has acquired 15.4% of denim garments from Bangladesh, making it the largest player in the market. Following closely behind is Levi’s, with a purchase of 11.8% of denims, and VF Sourcing, with a purchase of 10.9% of denim garments.

We will be focusing on this data to further analyze in details in the ensuing sections.

TOP 15 COMPANIES BUYING DENIMS

This section offers an overview of the denim garment purchases made by Canadian brands from suppliers in Bangladesh. Gap has emerged as the foremost buyer, acquiring an impressive 1.42 million units at an average price of 8.12 USD/meter. In comparison, Levis purchased a lesser quantity of 1.09 million units but at a higher average price of 11.03 USD/meter.

Despite Mark’s Work Wearhouse acquiring the lowest quantity of denim garments, which is approximately 0.31 million quantities, they have paid the highest average price of 15.3 USD/meter. Similarly, Loblaws, with a purchase of around 0.43 million quantities of denim garments, has also paid a commendable average price of 14.14 USD/meter.

One more point that needs to be considered is that the details in this report show only the shipments made to Canada. So if Gap has ordered for shipments to be made to other countries, it will not reflect in this report.

The above show the value in USD million that different brands purchased from Bangladesh during this period.

TOP 3  GARMENT SUPPLIERS OF THESE BRANDS

In this section, we will explore the primary suppliers of the leading retail brands, namely Gap, Levis, VF, Walmart INC, and Jeaniologie. We will provide an overview of their three largest suppliers to offer a comprehensive perspective. Additionally, we have included details on the quantities and average prices at which they have purchased denim garments.

Based on estimates, Canadian brands procured approximately 13.76 million units of denim apparel from Bangladesh during the period of 2022-2023. The actual quantities could be higher than this. [/private_special]